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're america's energy toll road and can provide investors with a secure source of dividends, but his investment in north dakota's oil rich bakken shale continues, cramer's looking for companies that are ready to expand. don't miss the ceo of enbridge energy. all coming up on "mad money." >>> moments like this when everybody is terrified that our economy could slide back into a government induced recession next year, i got to start looking at high quality companies that are immunized against this slowing economy. for example biotech companies that can thrive even during a recession, because that's the type of thing you don't cut back on, no matter what. this week we caught one of those medical conferences that will tell you which ones have the most upside. it's the american academy of pharmaceutical companies. i'm highlighting not one but two small cap biotechs. let's start with immunogen. it develops next generation cancer drugs that allow chemotherapy agents to directly target a tumor. immunogen rose from $11.50 to about $18 on bullish expectations about a breast cancer treatment. then at the
in engineering and math. it's not in financial services. >> where are you on energy in this country? >> where are we? >> where are you? in terms of fracking, in terms of things that -- and i've seen you've been financing. >> one of my directors, i want to say we don't have an energy policy, yes, we do, it's just a bad one. the united states has been one of the most profitable energy nation on this planet. we never put a rational energy policy that changed the cost of btu, gas taxes, however you want to do it fairly, it's hard to do fairly because people in north dakota use coal and people in maine use hydroelectric. but if you did raise it, you would have created a less volatile market and you would have created a huge market of energy. it's hard to put hundreds of billions into alternative energy, if oil would go back to 50. it is. you're just not going to get that kind of investment. we didn't have a great energy policy. we're importing 50%, 60% of oil from overseas, from places that want to kill us. and now, the lord looked down upon us and has given us another chance. let's use it. that c
good thing. the amount of energy that's spent on trying to optimize your tax payment, as opposed to managing your business, is a tradeoff we shouldn't be making. so i agree with you entirely on that. i think the other piece of this is getting to entitlements. >> hmm. >> frits, want to thank you very much for coming in. >> my pleasure. >> coming up we're going to talk to an analyst about the surprising same-store sales numbers that we got from mcdonald's. plus jim cramer on other stocks you need to watch. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ welcome to the world leader in derivative
Search Results 0 to 2 of about 3